Developing or buying a property is about paper works too. There is sale agreement, no-objection certificate, tax papers and so on. But, do you know about commencement certificate, a vital documentwhich is often less noticed.
A commencement certificate or CC is a document to be sought before commencing the construction. The builder has to apply for it once the required approvals are obtained from the concerned bodies. Yet another requirement is that foundation should have been completed and boundaries built, followed by erection of peripheral pillars either in ground floor or basement. The regional town planning and engineering section issues this document, and is compulsory for all apartments as the cc is directly linked to the occupation certificate, without which the concerned property cannot be legally occupied.
In Bangalore, the cc is provided by Bangalore Development Authority (BDA)/ Bruhat Bangalore Mahanagra Palike (BBMP). The issue of cc is after a thorough investigation on the construction status by the concerned authorities.
Nowadays, many investors are opting for under-construction properties. In fact, the recent times saw several of such projects coming up across the nation. The cc becomes extremely important when it comes to properties that are on the way of completion.
At times, the construction would have advanced despite the lack of cc. In this case, there could be problems in the future as lack of cc means no occupancy certificate.
Also, a construction without cc is totally illegal and the BBMP has the authority to issue termination of construction. And, there are penalty charges as well which might come to the occupant in case the builder escapes legal action.
Therefore, verify whether the builders have obtained the cc before taking the final decision regarding property.
A commencement certificate or CC is a document to be sought before commencing the construction. The builder has to apply for it once the required approvals are obtained from the concerned bodies. Yet another requirement is that foundation should have been completed and boundaries built, followed by erection of peripheral pillars either in ground floor or basement. The regional town planning and engineering section issues this document, and is compulsory for all apartments as the cc is directly linked to the occupation certificate, without which the concerned property cannot be legally occupied.
In Bangalore, the cc is provided by Bangalore Development Authority (BDA)/ Bruhat Bangalore Mahanagra Palike (BBMP). The issue of cc is after a thorough investigation on the construction status by the concerned authorities.
Nowadays, many investors are opting for under-construction properties. In fact, the recent times saw several of such projects coming up across the nation. The cc becomes extremely important when it comes to properties that are on the way of completion.
At times, the construction would have advanced despite the lack of cc. In this case, there could be problems in the future as lack of cc means no occupancy certificate.
Also, a construction without cc is totally illegal and the BBMP has the authority to issue termination of construction. And, there are penalty charges as well which might come to the occupant in case the builder escapes legal action.
Therefore, verify whether the builders have obtained the cc before taking the final decision regarding property.
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